Summary of NICOR INC - Yahoo! Finance

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GAS > SEC Filings for GAS > Form 8-K on 12-May-2009

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Form 8-K for NICOR INC

12-May-2009

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet A

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On May 11, 2009, Northern Illinois Gas Company, the gas distribution subsidiary of Nicor Inc., entered into a syndicated revolving credit facility. The new facility is a $550 million, 364 day seasonal revolver expiring in May 2010. The new facility replaces a seasonal revolving credit facility that expired in May 2009.

The new facility includes a total of 12 lenders and was arranged by J.P. Morgan Securities Inc. and RBS Securities, Inc.

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